NOTE 9 - SHAREHOLDERS' EQUITY (Tables)

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Actual regulatory capital position and minimum capital requirements

The Bank's risk-weighted assets at September 30, 2020 and December 31, 2019 were $916.3 million and $891.0 million, respectively. Actual regulatory capital position and minimum capital requirements as defined "To Be Well Capitalized Under Prompt Corrective Action Provisions" and "For Capital Adequacy Purposes" for the Bank are as follows:

Actual regulatory capital position and minimum capital requirements

	Actual					Minimum Capital Required For Capital Adequacy					Minimum Capital Required For Capital Adequacy Plus Required Capital Conservation Buffer					Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions
(dollars in thousands)	Amount		Ratio			Amount		Ratio			Amount		Ratio			Amount		Ratio
September 30, 2020
Total Capital (to risk-weighted assets)	$	124,616		13.60	%	$	73,307		8.0	%	$	96,216		10.5	%	$	91,634		10.0	%
Tier 1 Capital (to risk-weighted assets)		113,142		12.35			54,980		6.0			77,889		8.5			73,307		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		113,142		12.35			41,235		4.5			64,144		7.0			59,562		6.5
Tier 1 Capital (to average assets)	$	113,142		8.93			50,704		4.0			50,704		4.0			63,380		5.0
December 31, 2019
Total Capital (to risk-weighted assets)	$	114,421		12.84	%	$	71,278		8.0	%	$	93,553		10.5	%	$	89,098		10.0	%
Tier 1 Capital (to risk-weighted assets)		105,430		11.83			53,459		6.0			75,733		8.5			71,278		8.0
Common Equity Tier 1 Capital (to risk-weighted assets)		105,430		11.83			40,094		4.5			62,368		7.0			57,914		6.5
Tier 1 Capital (to average assets)	$	105,430		9.60			43,944		4.0		$	43,944		4.0		$	54,930		5.0